Infosys Q2 net profit rises 11%, announces Rs 9,300-cr share buyback
IT major Infosys Ltd on Thursday reported 11% jump in consolidated net profit at Rs 6,021 crore for the quarter ending September 30, 2022, helped by strong demand for its digital services. It reported consolidated net profit of Rs 5,421 crore in the year-ago period.
The company's consolidated revenue from operations rose 23% to Rs 36,538 crore in Q2FY23 as against Rs 29,602 crore in Q2FY22. The firm also announced Rs 9,300-crore share buyback at floor price of Rs 1,850 per share. Read more
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